Mexico’s Hidalgo exploring options for future state carbon tax -official
The Mexican state of Hidalgo is considering implementing a state carbon tax, which is expected to allow the use of offsets for compliance purposes, according to an official from the state’s environmental ministry.
Read MoreFEATURE: Mexican carbon market stakeholders pin high hopes on new president
Mexican carbon market stakeholders are welcoming president-elect Claudia Sheinbaum as a fresh face with the potential to prop up green finance, Carbon Pulse heard this week in Guanajuato at the Mexico Carbon Forum, though subnational governments are still seen as a major driver of the country’s climate action.
Read MoreMexican carbon market needs simple regulations to hit sweet spot -stock exchange
Federal regulations are needed in Mexico to incentivise carbon credit use among businesses and foster greater voluntary market (VCM) transparency, according to a senior stock exchange official speaking at the Mexico Carbon Forum in Guanajuato this week.
Read MoreINTERVIEW: Puro endorsed by buyers’ club, sees growth potential in Americas
A coalition of durable carbon removals (CDR) buyers has fully endorsed the Puro.earth standard, making it one of only two bodies to achieve this distinction, a company representative told Carbon Pulse on the sidelines of the Mexico Carbon Forum on Wednesday, as Puro addresses a growing market in North and South America.
Read MoreMexico’s Queretaro, environmental markets platform launch national carbon offsetting registry
The Mexican state of Queretaro and a Mexico City-based environmental markets platform launched Wednesday a national carbon credit registry tailored to local conditions, seeking to help facilitate the development of the nation’s carbon market.
Read MoreMexican communal landholders self-educate on carbon markets as fresh attempt made at solar PV
An Indigenous Mexican community of communal landholders, which has historically resisted solar PV expansion, is conducting workshops on political rights and carbon credits as large-scale solar projects file new requests for permits.
Read MoreICVCM ruling deals major blow to LATAM voluntary carbon credits
The Integrity Council for the Voluntary Carbon Market (ICVCM) barred several methodologies from its integrity stamp on Tuesday, rejecting a renewable energy methodology responsible for a substantial proportion of Latin American credit supply.
Read MoreLATAM Roundup: Public, private sectors seek collaboration on carbon pricing
Carbon Pulse rounds up developments in Latin American and Caribbean carbon markets for the week ending July 28, which saw convergences between public policy on one hand, and private sector initiatives on the other, as a broadening array of LATAM countries and companies throw their weight behind carbon pricing.
Read MoreMexican ETS framework one step away from publication as private sector interest grows
The regulatory framework for Mexico’s long-delayed emissions trading system (ETS) is in the final stages of review, and the private sector is increasingly interested in offsetting strategies, according to a Mexican industry representative speaking on a webinar Thursday.
Read MoreLATAM Roundup: Policy pronouncements display enthusiasm for carbon markets
Carbon Pulse rounds up developments in Latin American and Caribbean carbon markets for the week ending July 21, which saw new pronouncements and high hopes for measures in countries such as the Dominican Republic, Mexico, Brazil, and Argentina – but fitful progress.
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